Acta academica karviniensia 2014, 14(1):5-15 | DOI: 10.25142/aak.2014.001

THE COMPARISON OF NINE-FACTOR MODEL AND DIAMOND MODEL: APPLICATION FOR THE CZECH REPUBLIC, SLOVAKIA AND HUNGARY

Pavlína Balcarová
Mendel University in Brno, Faculty of Business and Economics, Zemědělská 1, 613 00 Brno, Email: balcarov@node.mendelu.cz

The concept of macroeconomic competitiveness became a phenomenon during last decades. Its controversial nature arouses attention of many people all over the world. It is impossible to find a generally accepted definition of national competitiveness as well as the way how to measure and compare competitiveness of countries. This contribution will discuss two models dealing with macroeconomic competitiveness, the original Porter's diamond model and the nine-factor model. Besides methodology, differences and similarities of these models we will be interested in how results of both the models differ. The main goal of the contribution is the identification of differences between the diamond model and the nine-factor model. For practical application of both the models we chose three countries on different development level out of Central Europe: the Czech Republic, Slovakia and Hungary.

Keywords: comparison, diamond model, economic level, human factors, national competitiveness, nine-factor model, physical factors
JEL classification: E29, F43, O32, O49

Received: July 23, 2012; Accepted: September 11, 2013; Published: March 30, 2014  Show citation

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Balcarová P. THE COMPARISON OF NINE-FACTOR MODEL AND DIAMOND MODEL: APPLICATION FOR THE CZECH REPUBLIC, SLOVAKIA AND HUNGARY. Acta academica karviniensia. 2014;14(1):5-15. doi: 10.25142/aak.2014.001.
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